RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DNP
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Evaluation of Duff & Phelps Utilities Income Inc stock downgraded after the last trading session.
(Updated on Apr 30, 2024)

Sell candidate since Apr 30, 2024 PDF

The Duff & Phelps Utilities Income Inc stock price fell by -0.684% on the last day (Tuesday, 30th Apr 2024) from $8.77 to $8.71. During the last trading day the stock fluctuated 0.690% from a day low at $8.70 to a day high of $8.76. The price has risen in 6 of the last 10 days and is up by 0.11% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -53 thousand shares and in total, 435 thousand shares were bought and sold for approximately $3.79 million.

The stock has broken the narrow and horizontal trend down. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately $8.72 is considered to be a "second chance" to get out before further fall. It is, however, important to note that false breaks may appear and that the price may move back into the horizontal trend. A break on increasing volume is considered to be more significant and reliable than breaks on low volume.

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DNP Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 0.115%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Duff & Phelps Utilities Income Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $8.81 and $8.92. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Duff & Phelps Utilities Income Inc stock

Duff & Phelps Utilities Income Inc finds support from accumulated volume at $8.70 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0600 between high and low, or 0.690%. For the last week the stock has had daily average volatility of 0.95%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (DNP) For The Upcoming Trading Day Of Wednesday 1st

For the upcoming trading day on Wednesday, 1st we expect Duff & Phelps Utilities Income Inc to open at $8.72, and during the day (based on 14 day Average True Range), to move between $8.62 and $8.80, which gives a possible trading interval of +/-$0.0900 (+/-1.03%) up or down from last closing price. If Duff & Phelps Utilities Income Inc takes out the full calculated possible swing range there will be an estimated 2.07% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $8.70 (0.11%) than the resistance at $8.78 (0.80%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Duff & Phelps Utilities Income Inc stock A Buy?

Duff & Phelps Utilities Income Inc holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.400 Sell Candidate Downgraded

Predicted Opening Price for Duff & Phelps Utilities Income Inc of Wednesday, May 1, 2024

Fair opening price May 1, 2024 Current price
$8.72 ( 0.153%) $8.71

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for DNP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 8.78 0.84 %
R2 8.76 0.579 %
R1 8.75 0.416 %
Current price: 8.71
Support S1 8.70 -0.110 %
S2 8.69 -0.273 %
S3 8.66 -0.536 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 8.98 3.10 %
R2 8.84 1.49 %
R1 8.78 0.80 %
Current price 8.71
Support S1 8.70 -0.115%
S2 8.67 -0.459%
S3 8.65 -0.689%

DNP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 28, 2024 Jun 28, 2024 Jul 10, 2024 $0.0650 0.746%
2 May 31, 2024 May 31, 2024 Jun 10, 2024 $0.0650 0.746%
3 Mar 15, 2024 Apr 29, 2024 May 10, 2024 $0.0650 0.746%
4 Dec 14, 2023 Mar 27, 2024 Apr 10, 2024 $0.0650 0.724%
5 Dec 14, 2023 Feb 28, 2024 Mar 11, 2024 $0.0650 0.715%

FAQ

What is the symbol for Duff & Phelps Utilities Income Inc Stock and on which exchange is it traded?
The symbol for Duff & Phelps Utilities Income Inc is DNP and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Duff & Phelps Utilities Income Inc Stock?
Duff & Phelps Utilities Income Inc holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Duff & Phelps Utilities Income Inc Stock?
Duff & Phelps Utilities Income Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Duff & Phelps Utilities Income Inc Stock.

What's the current price of Duff & Phelps Utilities Income Inc Stock?
As of the end of day on the Apr 30, 2024, the price of an Duff & Phelps Utilities Income Inc (DNP) share was $8.71.

What is the 52-week high and low for Duff & Phelps Utilities Income Inc Stock?
The 52-week high for Duff & Phelps Utilities Income Inc Stock is $11.03 and the 52-week low is $8.09.

What is the market capitalization of Duff & Phelps Utilities Income Inc Stock?
As of the Apr 30, 2024, the market capitalization of Duff & Phelps Utilities Income Inc is 3.184B.

When is the next earnings date for Duff & Phelps Utilities Income Inc?
The upcoming earnings date for Duff & Phelps Utilities Income Inc is Jun 28, 2024.
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About Duff & Phelps Utilities Income Inc

Duff & Phelps Utilitiesome DNP Select Income Fund Inc. is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc. The fund is managed by Duff & Phelps Investment Management Co. It invests in the public equity and fixed income markets of the United States. For the fixed income portion, the fund invests in bonds. It seeks to invest in stocks of companies operating in the Utility sector. The fund invests in stocks of companies across all market capita... DNP Profile

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